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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373158 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
isov
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February 25, 2014, 05:43:35 AM
 #96421

Whats that? In the gutters? Starting to look a bit reddish, don't you think?

O positive
Bears have blood types too?
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yrtrnc
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February 25, 2014, 05:43:51 AM
 #96422

Mtgox owes the community an explanation and more importantly , it's customers.  They should make an announcement today unless Mark has taken cyanide.
If they don't, they are even worst scum than I thought. I feel sorry towards the people that had money on gox. It could of happened to the best of us in this risky game.
fotosonics
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February 25, 2014, 05:44:50 AM
 #96423

I'm not sure we'll go much down from here.

We will.

The past 2 months are prologue. Just wondering what else besides China, FUD from the banksters, and Gox is in the pipeline ahead.
humanitee
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February 25, 2014, 05:45:13 AM
 #96424

Mtgox owes the community an explanation and more importantly , it's customers.  They should make an announcement today unless Mark has taken cyanide.
If they don't, they are even worst scum than I thought. I feel sorry towards the people that had money on gox. It could of happened to the best of us in this risky game.

No, no it couldn't have.
TERA
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February 25, 2014, 05:45:44 AM
 #96425

Bottoms used to be much easier to read in 2013 on mtgox.  You'd get to some level and there'd already be 20K of buy orders at a certain level waiting and then it would bounce.
F-bernanke
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February 25, 2014, 05:45:47 AM
 #96426

I'm not sure we'll go much down from here.

+1, I'm not selling for 450, fuck this shit. Gox's dead was priced in good part anyway.
Holliday
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February 25, 2014, 05:46:00 AM
 #96427

That is where a major divide in the Bitcoin community is. I don't care if government thinks bitcoin is legit. The only thing I care about is having money that I can hold and transport my wealth stealthily. I want "drug trafficking", I want things so out of control that government destroys itself trying to contain it. There are many other like me.

That is one of the two disasters that befell the bitcoin project, and will kill it.

You underestimate the resilience of a distributed network.
seleme
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February 25, 2014, 05:46:06 AM
 #96428

I'm not sure we'll go much down from here.

We will.

The past 2 months are prologue. Just wondering what else besides China, FUD from the banksters, and Gox is in the pipeline ahead.

we'll see, but for now I don't think we're not far away from bottom. I don't think we'll go below 400 at this dump.
N12
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February 25, 2014, 05:46:09 AM
 #96429

I hope people are under no illusion that other exchanges are any more safe.
MikeH
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February 25, 2014, 05:47:05 AM
 #96430

is the trading halt due to the legal action people were talking about last week?
Holliday
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February 25, 2014, 05:48:09 AM
 #96431

I hope people are under no illusion that other exchanges are any more safe.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
yrtrnc
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February 25, 2014, 05:48:15 AM
 #96432

I hope people are under no illusion that other exchanges are any more safe.

I concur
seleme
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February 25, 2014, 05:48:16 AM
 #96433

I hope people are under no illusion that other exchanges are any more safe.

Right now I think realsolid's exchange is the safest one out there.

He is twat and racist piece of shit but after he opened trading again I don't think he'll scam people for coins, and I believe his exchange is technically safest out there. He had zero malleability problems as he opened with completely custom wallets for all of coins on the exchange.
yrtrnc
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February 25, 2014, 05:49:49 AM
 #96434

Btce is leaving the party early.
seleme
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February 25, 2014, 05:51:33 AM
 #96435

Btce is leaving the party early.

BTC-e is crazy. My order of 10 BTC at 466.011 was bottom there and only 5 BTC was filled.
proudhon
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February 25, 2014, 05:51:50 AM
 #96436

I hope people are under no illusion that other exchanges are any more safe.

If you aren't the sole controller of your private keys, you don't have any bitcoins.

A shitload of people just learned that.
traderCJ
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February 25, 2014, 05:52:20 AM
 #96437

I hope people are under no illusion that other exchanges are any more safe.

And it wouldn't take a burgle like this.  All it would take is a government deciding to confiscate the accounts and computers of an exchange operating on their soil.  A legit reason would not be necessary.
TERA
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February 25, 2014, 05:53:46 AM
 #96438

I'm not sure we'll go much down from here.

+1, I'm not selling for 450, fuck this shit. Gox's dead was priced in good part anyway.
I just bought a bunch more at 450 that wasn't in my buy orders. it felt like a local bottom.
zyk
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February 25, 2014, 05:54:38 AM
 #96439

You mean the Shrem Karpeles & Friends Foundation?
Karpeles is out, Shrem was shutdown so he should be out too. There has to be a way for the Foundation to have trustworthy members, then I guess we can do this audit thingy I proposed.

From the little I have read, I believe that Shrem and Karpeles were not just two members of the board among many, but were two of the founding members --- which may have been as few as two or three. 

How could people trust the remaining members, who may have been selected and brought in by those two? 

If the honest members of the board could not get the Foundation to expel Shrem and Mark right away, they should have left it themselves.   The current members of the board did not do either, so ...

If the community wants to clean up bitcoin's image, it should dis-authorize the Bitcoin Foundation and start another one, with a different name and with people who were not associated to the BF.




right !!    they even have to be prosecuted when found selling under 300 dollars at Gox while stamp has been at 650 cause this was not

Mark alone neither other panicked poeple...that were the thiefs themselves and this money went off-shore....everybody knew the state of

affairs but the game were played right until this very moment!    ---this is criminal and not just a regulation issue !!
jojo69
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February 25, 2014, 05:55:14 AM
 #96440

welcome back proudhon
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